topic If I opened a Roth IRA in March 2024 and immediately contributed to it (meaning it fell in the 2023 tax year), do I say I opened the account in 2023 or 2024? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the-2023/01/3427826#M228241 Turbo Tax asks "Did you open a Roth IRA before 2024?" and I'm not sure how to answer this. Tue, 03 Feb 2026 05:51:28 GMT wesleycary 2026-02-03T05:51:28Z If I opened a Roth IRA in March 2024 and immediately contributed to it (meaning it fell in the 2023 tax year), do I say I opened the account in 2023 or 2024? https://ttlc.intuit.com/community/retirement/discussion/if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the-2023/01/3427826#M228241 Turbo Tax asks "Did you open a Roth IRA before 2024?" and I'm not sure how to answer this. Tue, 03 Feb 2026 05:51:28 GMT https://ttlc.intuit.com/community/retirement/discussion/if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the-2023/01/3427826#M228241 wesleycary 2026-02-03T05:51:28Z Re: If I opened a Roth IRA in March 2024 and immediately contributed to it (meaning it fell in the 2023 tax year), do I say I opened the account in 2023 or 2024? https://ttlc.intuit.com/community/retirement/discussion/re-if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the/01/3427893#M228249 <P>...</P> Tue, 21 Jan 2025 21:47:19 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the/01/3427893#M228249 Opus 17 2025-01-21T21:47:19Z Re: If I opened a Roth IRA in March 2024 and immediately contributed to it (meaning it fell in the 2023 tax year), do I say I opened the account in 2023 or 2024? https://ttlc.intuit.com/community/retirement/discussion/re-if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the/01/3427901#M228250 <P>Answer <STRONG>Yes</STRONG> if you designated the contribution as being for 2023, reported in box 10 of your 2023 Form 5498.&nbsp; The fact that the account was actually established in 2024 is irrelevant under these circumstances.</P> Tue, 21 Jan 2025 21:44:57 GMT https://ttlc.intuit.com/community/retirement/discussion/re-if-i-opened-a-roth-ira-in-march-2024-and-immediately-contributed-to-it-meaning-it-fell-in-the/01/3427901#M228250 dmertz 2025-01-21T21:44:57Z